NOT LISTED FOR SALE

3319 Ocean Dr Avalon, NJ 08202

Estimated Value: $889,958 - $1,147,000

1 Bed
1 Bath
600 Sq Ft
3,311 Sq Ft Lot

Last Sold April 14, 2023

Last sale price $715,000 $1,192 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,715/month

107 Days on Market

Highlights

  • Property near a bay
  • Corner Lot
  • Ground Level Unit
  • Avalon Elementary School Rated A
  • Furnished
  • Living Room

About This Home

As of April 2023

This home is located at 3319 Ocean Dr, Avalon, NJ 08202 since 17 November 2022 and is currently estimated at $1,036,490, approximately $1,727 per square foot. This property was built in 1922. 3319 Ocean Dr is a home located in Cape May County with nearby schools including Avalon Elementary School.

Last Agent to Sell the Property

Ryan Vince

Tim Kerr Sotheby's International Realty Listed on: 11/17/2022

Last Buyer's Agent

John "Jack" Vizzard

BERKSHIRE HATHAWAY HS FOX & ROACH - AV

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,022

Year Built

  • Built in 1922

Lot Details

  • 3,311

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Blinds
  • Living Room

Kitchen

  • Oven
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Parking Pad
  • Stone Driveway

Outdoor Features

  • Outdoor Shower
  • Property near a bay

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 66 / 33.04

Community Details

Amenities

  • Community Deck or Porch

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,022

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: CONDO/TOWNHOUSE
  • Type: Condo
  • Seasonal Year Round: YEAR ROUND USAGE
  • Location: Corner
  • District Township: 01-Avalon Borough
  • Near: Bay
  • Also Includes: Blinds, Furniture
  • Estimated Year Built: 1922
  • Bay Proximity: 1 Block
  • Beach Proximity: 3 Blocks
  • New Construction: No
  • Pet Friendly: Owners allowed pets, Renters allowed pets
  • OFFICELIST_STATE: NJ
  • Street Designation: Drive
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0
  • Year Built: 1922

Interior Features

  • Appliances Included: Oven, Refrigerator, Dishwasher, Disposal
  • Number Of Stories: One
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Bedrooms: 1
  • Estimated Living Sq Ft: 600
  • Other Rooms: Living Room, Kitchen

Garage/Parking

  • Parking: Parking Pad, 1 Car, Stone Driveway

Utilities

  • Cooling: Ceiling Fan, Wall Air Conditioning
  • Heating: Heat Pump
  • Hot Water: Electric
  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • Common Area Features: Deck/Porch, Outside Shower
  • Condo Fees: shr ins
  • Unit Features: Kitchen Center Island
  • Unit Location: First Floor

Lot Info

  • Lot Number: 66

Tax Info

  • Taxes: 2022
  • Tax Year: 2300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Sotherden Derek J and Sotherden Christina H
Bought by
Sotherden Derek J and Sotherden Christina H
Current Estimated Value
$1,036,490

Purchase Details

Listed on
Nov 17, 2022
Closed on
Apr 14, 2023
Sold by
Riegel Evette
Bought by
Sotherden Derek J and Sotherden Christine H
Seller's Agent
Ryan Vince
Tim Kerr Sotheby's International Realty
Buyer's Agent
John "Jack" Vizzard
BERKSHIRE HATHAWAY HS FOX & ROACH - AV
List Price
$799,000
Sold Price
$715,000
Premium/Discount to List
-$84,000
-10.51%
Views
71

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.29%
Original Mortgage
$654,194
Interest Rate
6.27%

Purchase Details

Listed on
Jan 1, 2018
Closed on
May 14, 2018
Sold by
Murphy Richard P and Murphy Vena M
Bought by
Riegel Evette
Seller's Agent
Christopher Ferzoco
KELLER WILLIAMS REALTY JERSEY SHORE - SIC
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$357,500
Sold Price
$346,000
Premium/Discount to List
-$11,500
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%
Original Mortgage
$277,200
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2007
Sold by
Cook Lisa Kress
Bought by
Murphy Richard P and Murphy Vena M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 29, 2002
Sold by
Mclaughlin Frank D
Bought by
Cook Lisa Kress

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,050
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sotherden Derek J -- None Listed On Document
Sotherden Derek J $715,000 None Listed On Document
Riegel Evette $346,500 --
Murphy Richard P $375,000 None Available
Cook Lisa Kress $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sotherden Derek J $654,194
Previous Owner Riegel Evette $277,200
Previous Owner Murphy Richard P $37,500
Previous Owner Murphy Richard P $300,000
Previous Owner Cook Lisa Kress $284,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/14/2023 04/14/23 Sold $715,000 -10.5% $1,192 / Sq Ft
03/04/2023 03/04/23 Pending -- -- --
11/17/2022 11/17/22 For Sale $799,000 +130.9% $1,332 / Sq Ft
05/14/2018 05/14/18 Sold $346,000 -3.2% $582 / Sq Ft View Prior Sale
04/14/2018 04/14/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $357,500 -- $601 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,570 $418,600 $400,000 $18,600
2024 $2,570 $418,600 $400,000 $18,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 223528

Cape May County Association of REALTORS®

APN: 01-00033-04-00066-3319